Recently, Moody's had downgraded the credit rating of SBI citing inadequate capital and poor asset quality as reasons.
Over the past week, Sensex surged 858.56 points to 27,079.51, second straight weekly high
Indian Railways expect to more than double their surplus to Rs 1,975.98 crore (Rs 19.75 billion) in 2005-06 compared to the target set for this fiscal thanks to higher earnings and sustained growth in transport and economy.
As per the data released by the Central Board of Direct Taxes today, the growth in corporate income tax logged in a healthy 21 per cent growth to Rs 51,627 crore (Rs 516.27 billion) as against Rs 42,685 crore (Rs 426.85 billion) in year-ago period.
Denial of interconnection "appears to be with ulterior motive to stifle competition and is anti consumer", Trai said.
Bharat Earth Movers has posted a 4% increase in net profit to Rs 18.07 crore for the fourth quarter ended March 31, 2003 when compared with Rs 17.36 crore for the corresponding quarter last fiscal.
The company's new chairman and managing director Kuldeep Goyal also said BSNL generated a revenue of around Rs 39,715 crore (Rs 397.15 billion) and net profit of about Rs 7,806 crore (Rs 78.06 billion) in 2006-07.
More than 87 per cent of the spectrum has been allocated to bidders.
ITC has posted a profit after taxation of Rs 771.75 crore (Rs 7.71 billion) for the quarter ended March 31, 2005 where as the same was at Rs 387.06 crore (Rs 3.87 billion) for the quarter ended March 31, 2004.
Experts attribute this to new launches in anticipation of a demand revival after the 2014 general elections.
The company had a net profit of Rs 8,079 crore (Rs 80.79 billion) in the corresponding quarter of the last fiscal, the Mukesh Ambani-led firm said in a filing to the Bombay Stock Exchange. The total turnover also dipped 8.75 per cent to Rs 31,563 crore (Rs 315.63 billion) during the quarter under review from Rs 34,590 crore (Rs 345.9 billion) in the year-ago period.
This is the index's biggest single-day fall in almost a month
Only CIL, SBI and HDFC Bank made gains
The Specified Undertaker of Unit Trust of India (SUUTI) is ready to pay the Rs 8,000 crore due to the 1.2 million investors in Unit Scheme 1964 (US-64), many of whom have been associated with India's oldest mutual fund scheme for 44 years.
Among the Indians, while Robin Uthappa was bought by Rajasthan Royals for 3 crore, Test specialists Cheteshwar Pujara and Hanuma Vihari went unsold.
The Aayog recently met the ministries on the issue.
Following is the chronology of events in the decades-old Cauvery water dispute matter in which the Supreme Court on Friday held that Karnataka will get 284.75 tmcft and Tamil Nadu 404.25 tmcft Cauvery water.
State owned Mahanagar Telephone Nigam Ltd will lose an additional revenue of up to Rs 300 crore (Rs 3 billion) for not implementing the standard tariff package announced by telecom regulator Trai.\n\n\n\n
HDFC Standard Life Insurance Company Ltd expects a first premium income of Rs 300 crore (Rs 3 billion) from individual policies, even as it plans to raise its capital base by Rs 75-80 crore (Rs 750-800 million) in the fiscal 2003-04.
Leading IT services company Satyam Computer Services on Friday posted a 74.75 per cent increase in profit after tax at Rs 360.09 crore (Rs 3.60 billion) for the quarter ended June 30
The O P Jindal Group company Jindal Steel and Power has begun talks with the State Bank of India, Punjab National Bank and Canara Bank for financing its Rs 550 crore (Rs 5.50 billion) expansion plan.
Tata Motors Ltd's net profit zoomed to Rs 210.88 crore (Rs 2.11 billion) for the quarter ending December 31, 2003 as compared to Rs 75.71 crore (Rs 757 million) for the same period ending 2002.
Within 15 days of opening the registration process for Nano, its Rs 1 lakh car, Tata Motors has sold nearly 5,00,000 application forms, raking in Rs 15 crore (at Rs 300 each). Distributors associated with the Nano bookings said most of the forms were likely to translate into bookings.
As most of the blue-chip stocks rolled down, the investor's wealth shrunk by Rs 20,564.65 crore at Rs 14,75,697 crore in one day.
Liberty Shoes ltd will set up three new manufacturing units to double production capacity to 100,000 pairs of footwear per day in the next three years, and is planning to invest Rs 160 crore
Public sector major Oil & Natural Gas Corporation on Monday reported 6.46 per cent decline in net profit at Rs 4,366.54 crore (Rs 43.66 billion) for the quarter ended December 31, 2007 compared to Rs 4,668.31 crore (Rs 46.68 billion) in the year-ago period.
Indian Overseas Bank will hit the capital market on September 5 with its Rs 240 crore (Rs 2.4 billion) public offer priced at Rs 24 per share, its chairman S C Gupta said in New Delhi on Friday.
Cadila Healthcare Ltd has posted a net profit of Rs 172.91 million for the quarter ended December 31, 2002 as compared to Rs 147.03 million for the quarter ended December 31, 2001.
ICICI Bank, the country's biggest private lender, on Tuesday received bids for over 27 crore shares, nearly three times the shares on offer in its follow-on public issue.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
This was due to a planned expenditure being revised
The total investor wealth in domestic stock markets soared by Rs 1.53 lakh crore as investors cheered energy reforms, including hike in natural gas prices.
Investor wealth slumped by Rs 1.55 lakh crore on Thursday today, dragged down by massive selling in the stock markets where nearly seven out of ten shares closed lower.
Reliance Industries Ltd, along with its partner British Petroleum, plans to invest about Rs 800 crore (Rs 8 billion) to carry out exploratory drilling in an offshore block in the Bay of Bengal, off the Tamil Nadu coast.
Telecom operators continued to place bids for 800 MHz and 1800 MHz bands.
The total income during the period rose to Rs 8,482.85 crore (Rs 84.82 billion), from Rs 7,388.51 crore (Rs 73.88 billion) in the same period a year ago.
SBI has been reeling under a mountain of bad loans for the past few years as the key sectors in the economy are faltering.
Fundraising via equity NFOs highest since 2008; Over Rs 11K cr collected in first eight months of 2017, says Chandan Kishore Kant
Spectrum trading will happen in 9 circles.
